The number of farmers won't be getting smaller due to lack of desire for sure. Even the farm financial experts concede that "up by the boot straps" is just about gone as an approach. Things are cyclical, however, so we may see in our lifetime (those age 50 and under) a period of adjustment in land prices that will allow newcomers in. What may prompt this? Multiple years of down consumption and/or exports. Federal Government may tax the wealth out of BTO's as part of coming to grips with the deficit. Before anybody jumps down my throat I am not advocating it but see it as a possibility. Future Federal policy may be to reduce the number of BTO's or eliminate them altogether.
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Today's Featured Article - A Belt Pulley? Really Doing Something? - by Chris Pratt. Belt Pulleys! Most of us conjure up a picture of a massive thresher with a wide belt lazily arching to a tractor 35 feet away throwing a cloud of dust, straw and grain, and while nostalgic, not too practical a method of using our tractors. While this may have been the bread and butter of the belt work in the past (since this is what made the money on many farms), the smaller tasks may have been and still can be its real claim to fame. The thresher would bring in the harvest (and income) once a y
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